Common use of DISTRIBUTOR'S REPRESENTATIONS AND WARRANTIES Clause in Contracts

DISTRIBUTOR'S REPRESENTATIONS AND WARRANTIES. Distributor hereby -------------------------------------------- represents and warrants to the Company that: (i) Distributor is a business organization duly organized and in good standing in accordance with the laws of Colombia; (ii) Distributor has duly -------- authorized the execution and performance of this Agreement; (iii) this Agreement is lawful and may be performed in accordance with its terms under all the laws in force in Colombia as of the date -------- hereof; (iv) Distributor will advise the Company of any changes in the laws which might or will impair the validity of all or any part --- of this EXCLUSIVE DISTRIBUTION AGREEMENT -------------------------------- March 8, 2003 Page 8 of 30 Agreement; and (v) Distributor is a business organization with the required personnel duly trained to market and sell products similar to the Products, and has the capacity to obtain through third parties transportation to distribute such Products, warehouses to store them and a computer system which allows a detailed control of stocks and sales.

Appears in 2 contracts

Samples: Exclusive Distribution Agreement (Applied Digital Solutions Inc), Exclusive Distribution Agreement (Applied Digital Solutions Inc)

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DISTRIBUTOR'S REPRESENTATIONS AND WARRANTIES. Distributor hereby -------------------------------------------- represents and warrants to the Company that: (i) Distributor is a business organization duly organized and in good standing in accordance with the laws of Colombia; (ii) Distributor has duly -------- authorized the execution and performance of this Agreement; (iii) this Agreement is lawful and may be performed in accordance with its terms under all the laws in force in Colombia as of the date -------- hereof; (iv) Distributor will advise the Company of any changes in the laws which might or will impair the validity of all or any part --- of this EXCLUSIVE DISTRIBUTION AGREEMENT -------------------------------- March 8, 2003 Page 8 of 30 Agreement; and (v) Distributor is a business organization with the required personnel duly trained to market and sell products similar to the Products, and has the capacity to obtain through third parties transportation to distribute such Products, warehouses to store them and a computer system which allows a detailed control of stocks and sales.

Appears in 1 contract

Samples: International Distribution Agreement (Applied Digital Solutions Inc)

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DISTRIBUTOR'S REPRESENTATIONS AND WARRANTIES. Distributor hereby -------------------------------------------- represents and warrants to the Company that: (i) Distributor is a business organization duly organized and in good standing in accordance with the laws of ColombiaMexico; (ii) Distributor has duly -------- ------ authorized the execution and performance of this Agreement; (iii) this Agreement is lawful and may be performed in accordance with its terms under all the laws in force in Colombia Mexico as of the date -------- ------ hereof; (iv) Distributor will advise the Company of any changes in the laws which might or will impair the validity of all or any part --- of this EXCLUSIVE DISTRIBUTION AGREEMENT -------------------------------- March 8, 2003 Page 8 of 30 Agreement; and (v) Distributor is a business organization with the required personnel duly trained to market and sell MASTER EXCLUSIVE FORM --------------------- REVISED DRAFT - August 30, 2002 Page 8 of 31 products similar to the Products, and has the capacity to obtain through third parties transportation to distribute such Products, warehouses to store them and a computer system which allows a detailed control of stocks and sales.

Appears in 1 contract

Samples: Distribution Agreement (Applied Digital Solutions Inc)

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